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welch. what does it say about partisanship in the country? >> it says that the partisanship starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the president a boost in the wake of a terrible debate performance. but bottom line, it's a sign that the trend is moving away from the debt sweep we've dealt with. >> let me pick up on that. we heard david kerley say some democrats are saying what debate? how much of a boost does it really give the president, given the lackluster nature of his performance the other night? >> it doesn't give the president a do-over. he still had a lousily first debate. that hurts. it hurts. it's not determinative. ultimately, the
welch. what does it say about partisanship in the country? >> it says that the partisanship starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the...
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you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions. >> some report there are numbers that will come out on the eve of the election. >> you know, these are volatile figures and sometimes have to be revised. but to go and charge that the administration had manipulated this for political gain, don't you need some evidence for that? >> think it's unfortunate that jack welch who has this storied business career now appears to be stark raving mad in the donald trump category and i think this reaction is what it should have been even from a lot of people on the right and said, now, come on, you can argue about certain things but if they wanted to cook the b
you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions....
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. >> jack welch. >> jack welch say they were fixed or something? >> he said definitely those guys from chicago they can't debate so they're cooking the books. >> bill: do you take that seriously? >> no. i do not take it seriously. i have to say jack welch gave us a good laugh because he he was serious. >> bill: welch believes these are bogus numbers? >> that's what he said. it's the kind of nonsense what's really book here. 50,000 they survey the establishment survey it's called services and government is about 150,000 there is a lot of volatility. people going around saying this hasn't happened in 30 years. >> bill: in your opinion though, there are more jobs being added pushed from full time into part time. they are younger, less educated. unskilled. lower paying. >> if you are working part time you come off the unemployment rolls, that goes into the unemployment rate. that's a legitimate thing to talk about this is important. 14.7% unemployment when you include the marginally attached to the workforce. that is precisely the same number as the pr
. >> jack welch. >> jack welch say they were fixed or something? >> he said definitely those guys from chicago they can't debate so they're cooking the books. >> bill: do you take that seriously? >> no. i do not take it seriously. i have to say jack welch gave us a good laugh because he he was serious. >> bill: welch believes these are bogus numbers? >> that's what he said. it's the kind of nonsense what's really book here. 50,000 they survey the...
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and later in the program, jack welch, what a clown. now they've got a new conspiracy theory. >> do you want to take that back? >> no, i don't want to take back one word in that tweet. vice presidential debate. with unrivaled analysis and commentary. >> was this the game changer? is this going to change the dynamic? (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >> so keep on tweeting and maybe you'll have your voice be part of this democracy and see your tweets up on our screen. >>now that's politically direct. ♪ ♪ ♪ ♪ nah, he's probably got... [ dennis' voice ] allstate. they can bundle all your policies together. lot of paperwork. actually... [ dennis' voice ] an allstate agent can help do the switching and paperwork for you. well, it probably costs a lot. [ dennis' voice ] allstate can save you up to 30% more when you bundle. well, his dog's stupid. [ dennis' voice ] poodles are one of the world's smartest breeds. ♪ ♪ bundle and save with an allstate agent. are you in
and later in the program, jack welch, what a clown. now they've got a new conspiracy theory. >> do you want to take that back? >> no, i don't want to take back one word in that tweet. vice presidential debate. with unrivaled analysis and commentary. >> was this the game changer? is this going to change the dynamic? (vo) the only network with real-time reaction straight from the campaigns and from viewers like you. >> so keep on tweeting and maybe you'll have your voice...
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he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this month than last month, and the unemployment rate as you noted this year has come down very, very slowly. it's come down nonetheless. the reason it came down this year is primarily due to the fact that more and more people have jus
he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >>...
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you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet to say i was exaggerating. there are problems, maybe bls should look into it, but the actually throw out an accusation, that's like asking the government how often do you beat your wife? >> i should have had a question mark, at the back of it. let's face it. but the facts are no matter how you want to look at this, we had 25 economists polled before this number came out. the average number they expected was about 115,000. >> yes. >> not one of them had a number below 8.1. >>> tomorrow, three suspected terrorists are expected to make their first court appearance in new york. they were extradited from britain overnight after a legal battle that lasted more than ten years. one suspect has a hook for a hand and has called osama bin laden a hero. the radical cler iic is wanted r several crimes commit against the united nations the
you are jack welch. you got to take this opportunity while everybody is listening to you to actually say yes, anderson, i'm taking that tweet back. i'm going to accepted a new tweet to say i was exaggerating. there are problems, maybe bls should look into it, but the actually throw out an accusation, that's like asking the government how often do you beat your wife? >> i should have had a question mark, at the back of it. let's face it. but the facts are no matter how you want to look at...
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>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss the first cousin of the birther movement, the jobbers. and a look at america's trust issues next on "now." [ female announcer ] most whitening strips promise full whitening results in two weeks or more. rembrandt® deeply white™ 2 hour whitening kit is proven to quickly remove surface stains and deep stains in just two hours. [ female announcer ] rembrandt® deeply white™: whiten in just 2 hours. >>> shortly after the bureau of labor statistics released the monthly jobs report friday showing the unemployment rate dropping to 7.8% former ge ceo got the jobber conspiracy theory going with a tweet sugges
>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss...
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jack welch doesn't believe the latest unemployment rate is of real and he thinks that the chicago way has something to do with that. he suggests that the numbers have been manipulated for political reasons he said unbelievable job numbers these chicago guys will do anything, cannot debate so change job numbers. mitch romney reverses himself on the 47% comments initially sank his remarks were not elegantly stated but in an interview last night he said if the 4747 percent, up during the debate he would have said he was just completely wrong. we are live at the scene. good evening about three dozen or so bikers in france in a family of new towns and are actually here right now at the location where that tragic accident happened earlier today at the corner of ok and wells near the north side downtown and folks here basically said they are here to remember their friends and loved one and a life that was taken all too soon. those who know him say that nail townsend rode his bike to work almost year-round and today was no exception just before 9:00 this morning chicago police say the 32 year
jack welch doesn't believe the latest unemployment rate is of real and he thinks that the chicago way has something to do with that. he suggests that the numbers have been manipulated for political reasons he said unbelievable job numbers these chicago guys will do anything, cannot debate so change job numbers. mitch romney reverses himself on the 47% comments initially sank his remarks were not elegantly stated but in an interview last night he said if the 4747 percent, up during the debate he...
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but the former ceo of general electric jack welch tweeted this. "unbelievable job numbers. these chicago guys will do anything, can't debate, so change numbers." the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at a its lowest level since i took office. >> friday's jobs report shows that america still desperately needs jobs. yet the president's central and so sole proposal means fewer jobs. >> finally start doing something to acatually help the middle class get ahead. >> we can't afford four more years like the last four. falling incomes, rising prices, 23 million americans struggling for work. >> congress needs to step up and pass my plan to create a veterans job corps to help our returning heroes find work as firefighters, cops. a few weeks ago republicans in the senate voted that plan down. ask them why someone who fights for this country abroad should have to fight for a job when they come home. >> i understand that the president must campaign. but he also has a job to do. while barack obama enjoys being president, h
but the former ceo of general electric jack welch tweeted this. "unbelievable job numbers. these chicago guys will do anything, can't debate, so change numbers." the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at a its lowest level since i took office. >> friday's jobs report shows that america still desperately needs jobs. yet the president's central and so sole proposal means fewer jobs. >> finally start doing...
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. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >> juan, is there any question in your mind that the department of labor, the national labor relations board partisan and ideological-- >> partisan-- >> no, they're not partisan and nobody who is in the business has ever said these are partisan people. these numbers would be coming out, let me ask you that, if it was so political why did these conspiracy-minded people wait till now, better if they did it several months ago. >> if the unemployment number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against givi
. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >>...
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do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8% unemployment the lowest since president obama was inaugurated, correct? >> well, let's take a look at those numbers and take a little deeper look and say, for those who are not looking for a job any longer, they're not in the work place. they're not in the work participation. if you were to add those to those numbers, we'd have about 11% unemployment. look, one month of these numbers -- >> that includes people who are retired, correct? >> but let's look at those numbers a little closer again, we're looking at 43 state months of unemployment above 8%.
do you stand by this comment from jack welch? do you think that the white house cooked the numbers in the jobs report? >> well look, we're just going to talk about the facts. there's 23 million americans who are unemployed. they're either looking for a job, they are giving up or underemployed. if we just look at the numbers and take that for what it's worth, and i don't know that we have to say much more about whether the numbers have been cooked or not. >> the numbers are also 7.8%...
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welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking the tweet back, i exaggerated, there are problems, that is like asking the governor, how often do you beat your wife? >> i should have had the question mark on the back of it. let's face it, the fact is, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them did have a number below 8.1. >> all right, jack welch there, and the next number is due out in just four days before the election. >>> all right, would you believe that a 220 pound teacher is suing, because he said a 60 pound student beat him up. our
welch, jack welch needs to be out there helping the country get back on track. there are ceos and all sorts of people, re-tweeting what he has said. i think there are questions to be asked about the methods, pay take pla -- attention to the survey, the hours worked, that is what touches people. to say something like this is like donald trump, saying that president obama is not a citizen, without any proof. you are jack welch, take this opportunity while people are listening to you, i'm taking...
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. -- >> jack welch! he said, the guys from chicago can't debate so they are cooking the books. >> do you take that seriously? >> no. but he gave us a good laugh because apparently, he was serious. >> he believes -- >> i think -- >> he believes that they are bogus numbers. >> it's when he said. it's the kind of nonsense eye mean, the last thing -- anyone should be looking at in these numbers is somebody cooking the books. what is really at work here, there are two survey, one of 50,000, they survey the businesses and they survey the households. the establishment survey as it's called of businesses and government is about 150,000. and the survey of households is about 50,000. so there is a lots of volatility. there are people saying, this hasn't happened in 30 years -- nonsense. e >> in your opinion, there are more jobs being added. but most of these jobs are part-time jobs itch they are part-timions, people who have been pushed from full time into part time. they're younger, less educated and unskilled so
. -- >> jack welch! he said, the guys from chicago can't debate so they are cooking the books. >> do you take that seriously? >> no. but he gave us a good laugh because apparently, he was serious. >> he believes -- >> i think -- >> he believes that they are bogus numbers. >> it's when he said. it's the kind of nonsense eye mean, the last thing -- anyone should be looking at in these numbers is somebody cooking the books. what is really at work here,...
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. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000 more jobs were added in july and august. >>> tonight at 10:30 what we found when we asked people about the economy and whether they've seen an improvement. >> on wall street the new jobs report did little to move the stock numbers. the debt crisis in europe or spain or greece are facing challenges continued to loom over investigators today. the dow was up 34 points. >>> filed plans for a $100 million initial public offering. the wireless network equipment maker has not said how many shares it plans to sell. the company's revenue nearly doubled to $93.9 million in the first half of this year. >>> stock closed today near lo
. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000...
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. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000 more jobs were added in july and august. >>> tonight at 10:30 what we found when we asked people about the economy and whether they've seen an improvement. >> on wall street the new jobs report did little to move the stock numbers. the debt crisis in europe or spain or greece are facing challenges continued to loom over investigators today. the dow was up 34 points. >>> filed plans for a $100 million initial public offering. the wireless network equipment maker has not said how many shares it plans to sell. the company's revenue nearly doubled to $93.9 million in the first half of this year. >>> stock closed today near lo
. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000...
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jack welch, conservative guy, came out and said unbelievable jobs numbers. these chicago guys will do anything. is there any reason for any of us to believe that these numbers might be wrong or cooked or -- >> well, it's a good question. first of all, the most important number is going to be the one that comes out 30 days from now. remember we have one more unemployment rate, unemployment picture that comes out the friday before the election. so that will obviously be the most important one in terms of the outcomes of who wins this election. but, yeah, this was generally a pretty good number. i want to go back to that point. we still have this wide diversion in these two reports in terms of where the employment picture is. one other statistic, if i may, that's not so rosie is when we look at the broad rate of unemployment, which includes people who can't find a full-time job and we include people who have dropped out of the labor force because they've just become discouraged, that number is still 14.7%. that's still a very high number and very economically t
jack welch, conservative guy, came out and said unbelievable jobs numbers. these chicago guys will do anything. is there any reason for any of us to believe that these numbers might be wrong or cooked or -- >> well, it's a good question. first of all, the most important number is going to be the one that comes out 30 days from now. remember we have one more unemployment rate, unemployment picture that comes out the friday before the election. so that will obviously be the most important...
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even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the rate for more than 70 years. all based on a survey conducted in person and over the phone of 60,000 households every month. and here is where the numbers get crunched. amid a sea of cubicles, inside of each one, an economist sworn to secrecy and working on a specific aspect of that employment survey. tom is in charge here. he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement. how much of a secret is that number before you put it out? you can't call me up and tell me -- >> i can't tell anyone. it's a c
even jack welch, the former ceo of ge went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor stay twist icks. the bls has been tabulating the...
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welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you noticed anything about this number, the estimates of job gains came in the exact amount it was supposed to which should have kept it at 8.2%. the estimates, somehow we got to 7.8%, and the use the most of tiles survey, the household survey. gerri: we will get to that. >> 400,000. gerri: can these numbers be sai's? >> i don't think they can. we have had rumors of bls massaging
welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it....
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jack welch tweeted this, unbelievable jobs numbers, these chicago guys will do anything, can't debate so change the numbers. and the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at its lowest level since i took office. >> friday's jobs report shows america still desperately needs jobs. yet the president's central and sole proposal would mean fewer jobs. >> republicans in congress need to stop trying to relaxing fight the battles of the past few years and finally start doing something to actually help the middle class get ahead. >> we can't afford four more years like the last four. falling incomes, rising prices, 23 million americans struggling for work. >> congress needs to step up and pass my plan to create a veterans job corps to help our returning heroes find work as cops, firefighters and park rangers in communities across the country. a few weeks ago republicans in the senate voted that plan down. ask them why someone who fights for this country abroad should fight for a job when they come home. >> understand that the preside
jack welch tweeted this, unbelievable jobs numbers, these chicago guys will do anything, can't debate so change the numbers. and the partisan pushing continues this morning. >> on friday we learned that the unemployment rate is now at its lowest level since i took office. >> friday's jobs report shows america still desperately needs jobs. yet the president's central and sole proposal would mean fewer jobs. >> republicans in congress need to stop trying to relaxing fight the...
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doug we talked about a tweet from jack welch. did that ignite the controversy? >>reporter: the recovery surrounding friday's release of the unemployment numbers continues to swirl after jack welch, the respected former c.e.o. of g.e. treated "unbelievable jobs numbers. the chicago guys will do anything. can't debate? change numbers." facing criticism if the tweet he stuck by the criticism of the numbers. >> this number is made up of a whole mess of assumptions: who is participating, who is not working, who is trying for work, who has dropped out. it just begs the question. i think there ought to be a good discussion how this number is calculated. >>reporter: most analysts and the obama campaign are dismanage the criticisms as "without evidence." >> we wonder why institutions in this country are, the perception of institutions are failing, because people go on tv and make sufficient h stuff -- make stuff up. >> they had full charge of the first two years and the policies this president put into place actually made it worse, including the fact that obamacare is ta
doug we talked about a tweet from jack welch. did that ignite the controversy? >>reporter: the recovery surrounding friday's release of the unemployment numbers continues to swirl after jack welch, the respected former c.e.o. of g.e. treated "unbelievable jobs numbers. the chicago guys will do anything. can't debate? change numbers." facing criticism if the tweet he stuck by the criticism of the numbers. >> this number is made up of a whole mess of assumptions: who is...
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former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is not enough to significantly lower the unemployment rate. the next jobs report comes out in four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >> our team coverage of the presidential election takes us to opposite cornerses of virginia. while governor romney was in coal country in abington, president obama was in fairfax. the president talked about more than just jobs today. >> hell
former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report....
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former chairman and ceo of ge jack welch tweeted -- welch was backed in his theorizing by master of the outlandish alan west who wrote -- this is orwellian to say the least and representative of saul au lin ski tactics from the book rules for radicals" a must read for all who want to know how the left strategize. what's that you say, a strengthening work force and recovering economy or wellien indeed. >> they want to slow the economy before the election and if you don't believe that -- >> that was a year and a half ago. >> i have a bridge i want to sell you in oakland. that's what the republicans and obstructionists in congress is about. >> joining us is cnbc's amman jabbers. you're the man with the answers. mitt romney is walking on stage and we'll have to go to him shortly but is it a good day for the american economy or not, tell us? >> it's definitely a good day. the auto sales number was good, consumer confidence up, but we had truthers, birthers and now we've got jobbers, these people who don't believe the government data here and to those people i would quote carl sagan and say e
former chairman and ceo of ge jack welch tweeted -- welch was backed in his theorizing by master of the outlandish alan west who wrote -- this is orwellian to say the least and representative of saul au lin ski tactics from the book rules for radicals" a must read for all who want to know how the left strategize. what's that you say, a strengthening work force and recovering economy or wellien indeed. >> they want to slow the economy before the election and if you don't believe that...
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you are jack welch. jack, you've got to take this opportunity while everybody is listening to you to actually say, yes, anderson, i'm taking that tweet back. i'm going to send a new tweet to say i was exaggerating. there are problems bls should look into but to throw out an accusation that's like asking the government how often do you beat your wife. >> i should have had a question mark at the back of it, ali, let's face it, but the facts, are ali, no matter how you want to look at this, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them -- >> yes. >> had a number below 1.1. >> labor secretary hilda so li s shot back at the critics telling cnn it was insulting for people to suggest her department was manipulating numbers for the president's benefit. >>> the obama and romney campaigns are ratcheting up the rhetoric in the wake of the jobs report. our political editor paul steinhauser hats candidate's comments. one set of numbers, tw
you are jack welch. jack, you've got to take this opportunity while everybody is listening to you to actually say, yes, anderson, i'm taking that tweet back. i'm going to send a new tweet to say i was exaggerating. there are problems bls should look into but to throw out an accusation that's like asking the government how often do you beat your wife. >> i should have had a question mark at the back of it, ali, let's face it, but the facts, are ali, no matter how you want to look at this,...
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. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people at home where you call anthpele s yes or no and explain how. the other is a survey of employers where they ask are you hiring? that's where the 114,000 number comes om114,000 number might not catch everyone who is working part-time from home or just working part-time or doing some kinds of contract work, so that's why sometimes thercran bwe no, they're noin t bt of bls cooking the books for some political reason. i would bring this one point, suzanne, if they were, wouldn't they have done that after the president gave his speech in charlotte? instead he gave a speech in charlotte, and it was a bad report the
. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people...
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Oct 6, 2012
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jack welch went further obviously the former ceo of g.e. and he said unbelievable jobs numbers. the these chicago guys will do anything. can't debate so they change the numbers. set person who suggested something fishy was going on. >> and of course our own lou dobbs has said no the bureau of labor statistics is insulated entity and peter morris is i on our show a short time ago said no, this isn't the case that they would never cook the books for a white house. that's not something they would do. they are economists and statisticians and there might be anomaly in the numbers. here was jack welch yesterday talking to cavuto and he said something smells funny here, listen. >> these numbers don't smell right when you think about where the economy is right now. every economist this morning predicted roughly 90 to 120,000 and 8.2 unemployment came out very favorably just one tenth of a point below when the president took office. >> well, it's funny when people manipulate numbers back and forth on both sides. i always think about the 23 million people who don't have a job and you guy
jack welch went further obviously the former ceo of g.e. and he said unbelievable jobs numbers. the these chicago guys will do anything. can't debate so they change the numbers. set person who suggested something fishy was going on. >> and of course our own lou dobbs has said no the bureau of labor statistics is insulated entity and peter morris is i on our show a short time ago said no, this isn't the case that they would never cook the books for a white house. that's not something they...
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minutes after the jobs numbers came out former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7% to 8% from 8.1%. officials from the bureau of laib statistics say the numbers are almost impossible to manipulate. general electric is the minority share holder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than a hundred people at the end of the year. simple colors owned by revlon is closing the beltsville facility and the company said it would be eliminating 250 jobs as part of a global reorganization. >>> good news for a metro rider this weekend. you don't have to deal with too much track work. crews will only be working on two lines. on the red line trains will single track between judiciary square and fort totten. on the orange line trains share a track between stadium armory and cheverly. the work continues on monday because of the holiday. everything should be back to normal tuesday morning. now to the future of metro and its new fleet of train cars. the transit agency re
minutes after the jobs numbers came out former ge ceo jack welch said the government tweaked the numbers on purpose to help the president. the unemployment rate dropped to 7% to 8% from 8.1%. officials from the bureau of laib statistics say the numbers are almost impossible to manipulate. general electric is the minority share holder of nbc. >>> a nail polish company with facilities in maryland is set to layoff more than a hundred people at the end of the year. simple colors owned by...